Fireweed expands mineralized zone at Tom South

Canada NewsWire

VANCOUVER, BC , Aug. 10, 2026 /CNW/ -- Fireweed Metals Corp. (" Fireweed " or the " Company ") (TSXV: FWZ) (OTCQX: FWEDF) is pleased to report results from two completed holes in the ongoing Tom South step-out drilling program, targeting laminated and stratiform zinc-lead-silver mineralization at its Macpass Project 1 ("Macpass"), Yukon, Canada.

Tom South Highlights

Hole TS25-003, a major step-out, extended the known extent of the mineralized zone 300 m in the down-dip direction, and intersected: 16 m true width* of 4.17% ZnEq. 2 , including: 1.1 m true width of 8.04% ZnEq. ,

and 1.6 m true width of 16.04% ZnEq .;

3.7 m true width of 3.82% ZnEq., including: 1.94 m true width of 4.96% ZnEq.

These are comprehensive results from this hole, which was temporarily paused in mineralization at the end of the 2025 drill season due to seasonal constraints, including the results reported in-part on January 15, 2026.

Hole TS26-001, a 45 m step-out intersected: 30 m true width of 8.09% ZnEq. , including: 20.8 m true width of 10.44% ZnEq.

The reported intersections are outside of the spatial extents of the current Macpass Mineral Resource 1

Together with previous Tom South drilling, these intersections define an edge to the search space and vectors that point eastwards towards a potential feeder zone and westward to potential laminated and stratiform mineralization. Drilling is ongoing towards the east.

CEO Statement

Ian Gibbs, President and CEO, stated, "Tom South continues to deliver. We have successfully hit on major step-out holes at Tom South which have meaningfully expanded the down-dip and lateral extent of the mineralized zone and point towards an untested search space for additional high-grade massive sulphide mineralization. After waiting all winter to resume drilling at hole TS25-003, we confirmed continuity approximately 300 m down dip of the very high-grad